Recent Updates

Tennessee Market Highlights

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Corn, soybeans, cotton, and wheat were up for the week. Commodities continued a sideway trend this week as limited new information was available. For March futures contracts in 2016, corn has traded in a 25 ¼ cent range (a high of $3.73 ¾ on February 2nd and a low of $3.48 ½ on January 7th); soybeans have traded in a 37 ½ cent range (a high of $8.89 ½ on February 2nd and a low of $8.52 on January 6th); cotton has traded in a 5.7 cent range (a high of 63.55 on January 4th and a low of 57.85 on February 11th); and wheat has traded in a 33 ½ cent range (a high of $4.88 ½ on January 26th and a low of $4.55 on February 9th and 12th). Continue reading at Tennessee Market Highlights.

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Sugarcane Aphid Tolerant Hybrids

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Although it appears acres of grain sorghum will drop substantially in Tennessee during 2016, those still planning on growing sorghum may find the information linked below helpful. This publication was developed by Sebe Brown and Dr. David Kerns (LSU AgCenter). It is a list of hybrids that have shown some resistance to infestations of sugarcane aphids. This list is not all inclusive, including only those hybrids that have been evaluated. Not all hybrids would be appropriate for our area, but it is a starting point. Please note that insecticides may still be needed to manage infestations.  Continue reading

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2016 Mid-South Farm & Gin Show, Mid-South Ag Forum and SCGA Annual Meeting

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fgs2015The 64th annual Mid-South Farm & Gin Show is scheduled for February 26- 27, 2016 at the Cook Convention Center, Memphis, TN. Those two days, more than 400 exhibitors from over 40 states will be on hand showcasing the latest technology and innovation available in agriculture.  Show hours are Friday, February 26, from 9:00 a.m. to 5:00 p.m. and Saturday, February 27, from 9:00 a.m. to 4:30 p.m. More information is available at www.farmandginshow.com and the full press release can be found by clicking on the logo above or the hyperlink below.

Two other events will be occurring in conjunction with the Farm and Gin Show that many will find to be of interest: The Mid-South Ag Forum set for Feb 26th and the SCGA Annual Meeting set for Feb. 25th.  The SCGA meeting is open to all producers and will include presentations from Dr. Tommy Valco with the USDA, Mr. Larry Falconer with Mississippi State, and Dr. Bill Robertson with the University of Arkansas. The Mid-South Ag Forum’s featured speakers this year include Dr. Mike Daniels and Dr. Bill Robertson from the University of Arkansas as well as Mr. Steve Stevens from Desha County, AR.  Again, full press releases and details on these meetings can be found by clicking the hyperlinks above. Look forward to seeing each of you there. – See more at:

 

2016 MidSouth Farm and Gin Show, SCGA and Mid-South Ag Meeting Agendas

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Tennessee Market Highlights

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Corn, cotton, and wheat were down and soybeans were up for the week. On Tuesday, the USDA released the February WASDE report. There were no major surprises on the report. However, the report did confirm growing domestic and record global grain and oilseed stocks. Domestic ending stocks and stocks-to-use ratio (in brackets), for the 2015/16 marketing year, are now estimated at 1.837 (13.56%), 0.450 (12.6%), and 0.966 (49.35%) billion bushels for corn, soybeans, and wheat, respectively. Continue reading at Tennessee Market Highlights.

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Comments on USDA Supply & Demand and Profitability Update

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Corn imports are projected 10 million bushels higher based on recent imports of corn into southeastern U.S. feed markets. Corn exports are projected 50 million bushels lower as larger supplies of South American corn further increase competition for U.S. exports. Partly offsetting is a 25-million-bushel increase in projected U.S. corn use for ethanol based on the strong pace of ethanol production during January, as indicated by weekly Energy Information Administration (EIA) data, and higher forecast gasoline consumption. Corn ending stocks for 2015/16 are raised 35 million bushels. Continue reading at UT Monthly Crop and Profitability Outlook.

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